Actual protection rate


 

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Actual protection rate

Implicit tariff.



Similar Matches

Effective protection

Effective protection

The concept that the protection provided to an industry depends on the tariffs and other trade barriers on both its inputs and its outputs, since a tariff on inputs raises cost. Measured by the effective rate of protection.


Investor Protection Scheme

Investor Protection Scheme

See: 'Financial Services Compensation Scheme'.


Political economy of protection

Political economy of protection

The study of reasons, especially political ones, that countries choose to use protection. Includes models of voting, lobbying, and campaign contributions as these lead policy makers to erect tariffs.


Deposit Protection Scheme

Deposit Protection Scheme

A scheme set up to give limited financial protection to people with deposits in authorised banks which fail. Banks are authorised and supervised by the Financial Services Authority (FSA) and they are obliged to provide details of their deposit protection scheme and their claim procedures if requested by depositors. The FSA publishes a list of banks which are authorised under the 1987 Banking Act. The UK Deposit Protection Scheme covers 90% of a bank's total liability to a depositor subject to a set maximum.


Effective rate of protection

Effective rate of protection

A measure of the protection provided to an industry by the entire structure of tariffs, taking into account the effects of tariffs on inputs as well as on outputs. Letting bij be the share of input i in the value of output j, the ERP of industry j is ERPj = (tj-Sibijtij)/(1-Sibij). Due to Corden (1966).


Further Suggestions

Exchange rate protection
protection applied
Balance of payments argument for protection
loan protection policy
court of protection
Externalities argument for protection
Administered protection
Retirement Protection Act of 1994
Content protection
Domestic distortions argument for protection
Foreign investment argument for protection
Intellectual property protection
mortgage protection
Safeguards protection
Labor standards argument for protection
Self-sufficiency argument for protection
Protectionism
Consumer Credit Protection Act of 1968
home responsibilities protection
Downside Protection
Domestic content protection
Protectionism
Environmental protection argument for a trade intervention
Fairness argument for protection
Mortgage payment protection insurance (MPPI)


 
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